The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
3. www.SVN.com
Economic
Updates
Provided by
○ New construction continues to be delivered at
a healthy pace through September 2022. The
value of new construction put in place in
September totaled $1.8 trillion at an
annualized rate. The current speed is 0.2%
higher than the previous month and 10.9%
higher than in September 2021.
○ Residential construction accounted for 51% of
deliveries by total value, coming in at $918
billion. Measured from one year ago, the
annualized pace of single-family home
deliveries is down by 2.7%, while the rate from
multifamily is up by 1.9%.
○ The annualized value of new Office properties
in place totaled $86 billion in September 2022,
just 0.7% higher than last year. Meanwhile,
commercial/retail properties, which saw their
pace climb to $115 billion, were up by 22.4%
from last year.
New Construction
26. Please visit www.svn.com for more
information on the properties
featured on today’s call and to view
all of SVN’s active listings.
DISCLAIMER
This information has been obtained from sources believed reliable. We have not
verified it and make no guarantee, warranty or representation about it. Any
projections, opinions, assumptions or estimates used are for example only
and do not represent the current or future performance of the property. You and your
advisors should conduct a careful, independent investigation of the property to
determine to your satisfaction the suitability of the property for your needs.
All SVN® offices are independently owned and operated.